Commerce online quiz 240

By | August 21, 2018

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10000 MCQ /questions on commerce questions answers

Question 1 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Suppose the proper officer is not satisfied with the clarification given by the appellant. What will be the fate of such registration application?
A
The Registration application will be rejected by issuing GST REG-05
B
Provisional registration will be granted
C
Either (A) or (B)
D
The same will be kept pending for field enquiry
Question 2 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The amount of salary paid to Madhu should be debited to
A
Madhu
B
Cash account
C
Salary account
D
None of these
Question 3 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What will be the mode of filing Refund Application and its supporting documents in GST?
A
Online Application and Uploading of Scanned Documents
B
Both Soft Copy and Hard Copy
C
Manual Application Only
D
Any of the above
Question 4 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
The prescribed time period for the filing of appeal against the Advance Ruling will be:
A
Within 30 days of the receipt of the advance ruling
B
Within 60 days of the receipt of the advance ruling
C
Within 90 days of the receipt of the advance ruling
D
Within 180 days of the receipt of the advance ruling
Question 5 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Costs of undertaken activities is to support individual products are known as
A
expected sustaining
B
input sustaining
C
output sustaining
D
product sustaining costs
Question 6 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
While delegating, a superior delegates
A
Only authority
B
Authority and responsibility
C
Authority, responsibility and accountability
D
Authority and responsibility but not accountability
Question 7 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Present value of portfolio Rs 850 and current option price Rs 1620 then value of stock included in portfolio would be
A
Rs 190.00
B
Rs 880.00
C
Rs 770.00
D
Rs 2, 470.00
Question 8 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
What shall be interest payable to the taxable person if he is entitled to a refund consequent to the order for final assessment?
A
Interest shall be payable only after 6 months after the final Assessment.
B
Interest shall be payable only after 3 months after the final Assessment.
C
Interest shall be paid on such refund as provided in Section 56.
D
No interest shall be payable on the refund.
Question 9 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An actual rate of return is subtracted from expected growth rate then it is divided from dividend stockholders expects use for calculating
A
dividend growth model
B
actual growth model
C
constant growth model
D
variable growth model
Question 10 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..... is the amount of cash funds that the banks have to maintain with RBI.
A
Mortgage Rate
B
Base Rate
C
Cash Reserve Ratio
D
None of the above
Question 11 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
An item of cost that is direct for one business may be.....for another business.
A
Important
B
direct
C
Indirect
D
none of the above.
Question 12 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Normal idle time.....
A
can be avoided
B
can be minimized
C
cannot be avoided
D
can be controlled
Question 13 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
A bill of material is prepared in case of a.....job
A
Standard job
B
non-standardized job
C
Both (A) and (B)
D
none of these
Question 14 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Balance of real and personal accounts are..... to the next period
A
carried forward
B
brought down
C
recorded
D
none of these
Question 15 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Choose the correct statement:
A
According to AS-6, depreciation is to be provided on land
B
According to AS-6, depreciation is not to be provided on land under any situation
C
According to AS-6, depreciation is not to be provided on land unless it has a limited useful life for the enterprise
D
AS-6 is silent on the question of providing depreciation on land
Question 16 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
As per Section 145, Document includes:
A
Written record
B
Printed Record
C
Electronic
D
all of the above
Question 17 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Where is the headquarters of World Bank situated?
A
Paris
B
New York
C
Basel
D
Washington D.C.
Question 18 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
..is an example of short-term budget
A
Cash budget
B
Capital expenditure budget
C
Material budget
D
Both a & c
Question 19 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Worse fit between estimated cost and actual observations is shown on regression line with
A
larger residual terms
B
zero residual terms
C
variable residual terms
D
smaller residual terms
Question 20 (Click on any option to know correct answer. सही उत्तर जानने के लिए किसी भी choice पर क्लिक करें।)
Which of the following is true
A
Asset + equity = liabilities,
B
asset-liability = owner's fund,
C
outside liability + reserve = equity,
D
asset + reserve = equity.
There are 20 questions to complete.

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